Great Wall will close Europe office, lay off 100 workers amid EV downturn

Great Wall Ora O3 — The Ora O3 is Great Wall's bestseller in Europe. (GREAT WALL)

May 29, 2024 09:19 PM

Chinese automaker Great Wall Motor said it will close its European headquarters in Munich, Germany, citing tough market conditions for EVs and the threat of European tariffs on Chinese imports.

Featured Stories

U.S. tariffs on imported vehicles are in effect, with parts duties following soon

What vehicle parts are now subjected to tariffs?

Here’s our list of the 2025 Top 150 dealership groups

How many U.S. dealership owners will we have in 2050?

Latest News

Toyota puts $7,900 premium on GR Supra final edition for $69,085 sticker price

Live updates on tariffs: Reactions and fallout as auto tariffs take effect

U.S. tariffs on imported vehicles are in effect, with parts duties following soon

U.S. senators seek to rein in Trump tariff authority

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

U.S. senators seek to rein in Trump tariff authority

Europe reacts as Trump’s 25% auto tariffs take effect

What vehicle parts are now subjected to tariffs?

Hyundai 2nd-gen Nexo hydrogen fuel cell crossover gets big boost in power, range, styling

Staying current is easy with newsletters delivered straight to your inbox.